I'll take you up on that attempt to find a silver lining:

Previously privileged people having a hard time is maybe a good recipe for class solidarity, which is maybe something we could use in society. Maybe it will be good for us... collectively, if not individually.

Class mobility is good mostly because new money rising turns the soil of society -- a partial inversion of roles and positions, bringing [social] networks-on-high in greater contact with networks-down-low. An upper class moving down is in strange ways perhaps good for the "soil" of culture as well. It just has worse branding as a not-very-uplifting story. But it's better than rich-get-richer and poor-get-poorer, which is what's been happening a lot lately.

EDIT: But also, I suspect I would be "fuck-you angry' at reading this comment if I had a family depending on me.

This is a gleaming silver lining view. Blindingly so. The largest customers of the trades class are the white collar class. The largest customers of service industries are the white collar class. It _will_ be "the rich get poorer and the poor get poorer". This is a hollowing out and redistributing up of wealth, plain and simple.

It's the reason AI company leaders are so adamant about framing it as a post-singularity utopia with UBI. They have no answer other than "you're all going to be jobless, better figure that out." Worse yet, they see it merely as a policy problem, rather than a problem they're responsible for. It _is_ a policy problem, no doubt, but the angry mobs won't be coming for policy.

> Class mobility is good mostly because new money rising turns the soil of society -- a partial inversion of roles and positions, bringing [social] networks-on-high in greater contact with networks-down-low. An upper class moving down is in strange ways perhaps good for the "soil" of culture as well. It just has worse branding as a not-very-uplifting story. But it's better than rich-get-richer and poor-get-poorer, which is what's been happening a lot lately.

I think you're confused. The true upper class isn't going anywhere, those are the people so rich they don't need to work (and if they do "work," it's tending their empire). They'll keep getting richer.

The "downward mobility" you're talking about the upper middle class and middle class. People who need to work, but can live comfortably on their wages. This is really about flattening the working class into its poorer levels (and kicking away the ladders the people in those levels could use to lead a more comfortable life, no more getting a college degree and graduating from the factory floor to the office).

It's about increasing inequality and creating an unbridgeable chasm between the poor and rich.

Hollowing out the middle class (and yes I consider software engineers to be mostly upper middle class, most of them need to continue working for someone else) is not a good thing. What makes you think any of this is creating upward class mobility instead of just increasing wealth concentration?

This would be downwards only class mobility. Not very helpful if you don't also have people moving in the opposite direction.

Your argument is that a lot of people, who worked very hard, losing their jobs would be a good thing actually, because maybe we can have a violent communist revolution where we can all be poor together. At least millions will starve in the resulting civil war, then millions more in the resulting communist rule.

You also have this hilarious talk of "privilege" with this weird assumption that all of the white collar workers of course come from great privilege (perhaps telling on yourself and letting your guilt come out), despite many of us having grown up poor, are from poor areas, and worked our way out.

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